Four held in Rs 3.4 crore investment fraud case in Hyderabad
HYDERABAD: The Cybersecurity Bureau on Thursday arrested four persons —Avula Srinivas, Kukkala Sathish Kumar, G Rajender and Vatti Michael Reddy — in connection with an investment fraud in which a victim was cheated of Rs 3.49 crore.
Police said the accused supplied bank accounts to cyber fraudsters. The probe revealed that Michael Reddy held a current account in a private bank through which a portion of the defrauded amount was routed.
